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You are here: BAILII >> Databases >> England and Wales High Court (Commercial Court) Decisions >> Lenkor Energy Trading DMCC v Puri [2022] EWHC 1958 (Comm) (27 July 2022) URL: http://www.bailii.org/ew/cases/EWHC/Comm/2022/1958.html Cite as: [2022] EWHC 1958 (Comm), [2022] Costs LR 1179 |
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QUEEN'S BENCH DIVISION
COMMERCIAL COURT
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LENKOR ENERGY TRADING DMCC |
Claimant |
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- and - |
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IRFAN IQBAL PURI |
Defendant |
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Crown Copyright ©
Introduction
a. The costs of the Banks in complying with the terms of the Order.
b. The costs of the Applicant in relation to the application.
c. The costs of the Defendant in relation to the application.
d. The costs of the Applicant in relation to the application to vary the freezing order.
e. The costs of the Defendant in relation to the application to vary the freezing order.
a. Both a partner and a senior associate were involved, at hourly rates of £350 and £295 respectively, together with a costs lawyer. There was no need for both fee earners in the preparatory stage. The partner should have been supervising only, and for a much shorter period. I would halve partner time, leading to a reduction of some £1750 over the two applications.
b. There was no need for both fee earners to attend the hearing. This leads to a reduction of a further £1750.
c. There was no warrant for leading counsel. The brief fee and preparatory fee was £10,000. This should be reduced by half, to £5,000.
d. Overall, therefore, the total fees would be reduced by £8,500 to £14,633.50. Half of that sum is £7316.75. That is the amount which will be awarded to the Defendant.